Linh Tran

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you start the Martingale by betting $1 on, say, red. After each loss, bet twice as much on the next spin of the wheel, always on red. Eventually you win—red has to come up sometime—and that win covers the previous string of losses, plus a profit of $1. Then start again by betting $1 and repeat the whole process, netting another $1 profit each time when you finally win.
A Man for All Markets: Beating the Odds, from Las Vegas to Wall Street
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